IFRS Advisory

IFRS Advisory UAE

Financial Reporting You Can Stand Behind.

International Financial Reporting Standards (IFRS) are the globally recognised framework for financial statement preparation, and in the UAE, their application has become increasingly central to business operations.

With the introduction of Corporate Tax, heightened regulatory expectations from the FTA, and growing demands from lenders and investors, the quality and accuracy of your financial reporting have never carried more weight.

IFRS is not a static framework. New and amended standards, including IFRS 15, IFRS 16, IFRS 9, and IFRS 17, have each required significant operational and accounting changes from affected businesses.

MNV Associates IFRS Advisory team provides specialist technical accounting support to businesses navigating the complexities of IFRS.

"IFRS compliance is more than a reporting obligation. It is the language through which investors, lenders, and regulators assess your business. We ensure that language speaks accurately and powerfully for you."
Why it matters
IFRS 16 lease accounting has brought significant balance sheet changes that affect debt covenants, ratios, and investor perception.
IFRS 15 revenue recognition demands careful contract analysis to ensure revenue is recognised at the correct time and amount.
Corporate Tax interaction means IFRS adjustments now directly affect taxable income calculations under the UAE CT regime.

Our IFRS Advisory Services

Technical accounting support from transition to transaction readiness.

01
IFRS Transition and Implementation
  • IFRS transition project management, from local GAAP to full IFRS adoption
  • Opening balance sheet preparation and restatement advisory
  • Accounting policy development and documentation
  • Finance team training on new or amended standards
  • Technical accounting advisory covering IFRS 15, 16, 9, and IFRS 3
  • Ongoing IFRS health checks and policy updates
02
Transaction and Investor Support
  • IFRS-compliant financial statement preparation for fundraising, IPO, or M&A
  • Independent review of financial statements ahead of audit or due diligence
  • Accounting due diligence support, identifying IFRS adjustments
  • Vendor-side financial statement preparation and presentation advisory
  • Impairment testing under IAS 36, value-in-use modelling and CGU analysis
  • Disclosure notes preparation and financial statement presentation

Our Process

A proven approach to delivering results.

01
Step One
Assessment
Review current accounting framework and identify gaps
02
Step Two
Transition
Manage IFRS adoption and opening balance preparation
03
Step Three
Implementation
Configure policies, train teams, and embed standards
04
Step Four
Ongoing Support
Technical advisory and transaction readiness

Need IFRS Advisory Support?

Ensure your financial reporting meets the highest standards.

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